Collectors were in for a penny, in for hundreds of thousands at a recent coin auction in California. The final pennies to ever be minted in the U.S. sold for a record sum at Stack’s Bowers Galleries on December 11, with 696 one-cent coins collectively hammering down for more than $16 million. The U.S. Mint in Philadelphia struck the last pennies in November after President Trump instructed U.S. Treasury Secretary Scott Bessent to stop producing one-cent coins in a cost-cutting measure. “Let’s rip the waste out of our great nation’s budget, even if it’s a penny at a time,” Trump said in a post on his Truth Social ... (full story)